Key Details
Price
$435.48Last Dividend
$1.00Annual Revenue
$11.21 BAnnual EPS
$26.03Annual ROE
60.91%Beta
0.88Events Calendar
Next earnings date:
Mar 14, 2025Recent quarterly earnings:
Dec 05, 2024Recent annual earnings:
Mar 14, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Mar 16, 2012Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
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Institutional Ownership
Investors in Ulta Beauty (NASDAQ: ULTA) have valid reasons to be unhappy at the moment. The company's declining value caught the eye of Warren Buffett's Berkshire Hathaway, but the well-known investor sold nearly all of his shares in the next quarter. This suggests that Buffett and his team may have lost confidence in the financial outlook of the beauty and spa products company, which has faced declining consumer spending for over a year.
Investors in Ulta Beauty (ULTA -0.91%) have valid reasons to be unhappy at the moment. Their stock has dropped 13% by mid-December, while the overall S&P 500 has increased by 24%. This means Ulta Beauty missed out on the 2024 market rally.
I am maintaining my buy rating for Ulta and raising my price target to $490, using a 21x P/E for FY26. The company recently reported better-than-expected Q3 results, showing positive growth in comparable sales. Ulta has successfully shifted towards "prestige brands," which has helped counteract challenges in the mass beauty market.
Ulta Beauty is a good investment because its stock price is showing strong upward movement, with higher highs and lows, and it has been trading above its 30-week EMA for three weeks. The momentum is strong, as the Percentage Price Oscillator (PPO) shows positive trends in both the short and long term. Additionally, volume analysis indicates that institutional investors are buying ULTA shares, and its performance has been better than the S&P 500 recently.
As of December 9, 2024, the S&P 500 has increased by 27%. Unless there is a major market crash in the last three weeks of the year, this will be considered a very good year for the stock market. Additionally, it would mark an impressive two-year performance for the S&P 500.
On Friday, December 6, the S&P 500 increased by 0.3%, finishing the week with a record high, thanks to better-than-expected job data for November.
These are the stocks that are experiencing the largest changes in the market this afternoon.
Join CNBC's Melissa Lee and the Fast Money traders for the last trades of the day.
BOLINGBROOK, Ill.--(BUSINESS WIRE)--Ulta Beauty will take part in an upcoming investor conference.
Ulta Beauty Inc (NASDAQ:ULTA) reported third-quarter profits that greatly surpassed what the market had predicted, causing its stock to rise over 10% in early trading. The earnings per share reached $5.14, which was higher than the expected $4.55 and an increase from $5.07 in the same quarter last year.
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